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A comment on Crypto Fund II. Parent comment

Re:Crypto Fund II by nemothekid on Thursday April 30, 2020 @03:41PM (#23035209)
a16z isn't investing in coins. I don't know if Coinbase was in Crypto Fund I, but it if it was, then I don't think Fund I could have done too bad.
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Re:Crypto Fund II by mhluongo on Thursday April 30, 2020 @07:15PM (#23037380)
It certainly is. They put in quite a bit into Maker and Dfinity, for example.
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Re:Crypto Fund II by enginar on Thursday April 30, 2020 @05:55PM (#23036647)
I think they have invested directly in cryptocurrencies (that is why they decided to register as an RIA), along with a range of other bets that include Coinbase, Compound and Anchorage.
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Re:Crypto Fund II by arcticbull on Thursday April 30, 2020 @04:17PM (#23035577)
Are you sure about that? The Winkelvii sure did. Plenty of funds were set up solely to invest in various coins. Why would a16z be any different?
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